Illinois Senate Bill 2490

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 7 2025 - 25% progression
Action: 2025-02-07 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Gambling Act. Provides that, if the Illinois Gaming Board is otherwise authorized to issue licenses to conduct Internet gaming, the Board shall not issue a license if the applicant or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from (i) any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or (ii) any jurisdiction designated by the United States as a state sponsor of terrorism. Provides that, if at any time during licensure, the Board determines that the licensee or any of its affiliates is knowingly accepting, directly or indirectly, revenue that is derived from any jurisdiction on the Black List of Money Laundering Countries, as established by the Financial Action Task Force, or any jurisdiction designated by the United States as a state sponsor of terrorism, then the Board shall impose a penalty of license revocation if it determines, after notice and an opportunity for hearing, that it would further the public interest to discontinue such operations of the interactive gaming licensee. Effective immediately.

GAMING-ILLEGAL MARKETS

Sen. William Cunningham [D]

Date	Chamber	Action
2025-02-07	Senate	Referred to Assignments
2025-02-07	Senate	First Reading
2025-02-07	Senate	Filed with Secretary by Sen. Bill Cunningham

Chapter	Article	Section	Citation Type	Statute Text
230	10	5.5	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2490&GAID=18&DocTypeID=SB&SessionID=114&GA=104
Text	https://www.ilga.gov/legislation/104/SB/10400SB2490.htm